Social Studies, 05.05.2021 21:50 tae8002001
Question 17 of 25
Which of the following best states the main difference between a monopoly
and monopolistic competition?
A. Monopolistic competition involves corporations and oligopolies
while monopolies involve only corporations.
B. Monopolistic competition involves slightly differentiated products
while monopoly involves a single product.
1
C. Monopolies involve a much lower level of competition than
monopolistic competition.
D. Both monopolies and near monopolies can exist with a certain low
level of competition.
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Answers: 3
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Answers: 1
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What was the goal of congress when it passed the sherman antitrust act to break up corporate trusts? a. to remove government regulation from businesses b. to return private competition to the marketplace c. to lower taxes on small and medium businesses d. to prevent politicians from investing in businesses e. to increase laissez-faire ideals in the marketplace
Answers: 2
Question 17 of 25
Which of the following best states the main difference between a monopoly
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